Ala. Securities Commission: New Jersey Financial Adviser Barred From the Securities Industry in Alabama
April 01, 2022
April 01, 2022
MONTGOMERY, Alabama, April 1 -- The Alabama Securities Commission issued the following news:
Alabama Securities Commission (ASC) Director Joseph Borg announced that Mario E. Rivero, Jr., an investment advisor from Red Bank, New Jersey, is barred from engaging in securities activity in Alabama. Rivero was registered as a broker-dealer agent with the State of Alabama.
In August 2021, the ASC received information from Wells Fargo Advisors that Rivero had diverted client fu . . .
Alabama Securities Commission (ASC) Director Joseph Borg announced that Mario E. Rivero, Jr., an investment advisor from Red Bank, New Jersey, is barred from engaging in securities activity in Alabama. Rivero was registered as a broker-dealer agent with the State of Alabama.
In August 2021, the ASC received information from Wells Fargo Advisors that Rivero had diverted client fu . . .